There Is a Newer Version of the Utah Code
2011 Utah Code
Title 70A Uniform Commercial Code
Chapter 4 Uniform Commercial Code - Bank Deposits and Collections
- Section 101 Short title.
- Section 102 Applicability.
- Section 103 Variation by agreement -- Measure of damages -- Certain action constituting ordinary care.
- Section 104 Definitions and index of definitions.
- Section 105 "Bank" -- "Collecting bank" -- "Depositary bank" -- "Intermediary bank" -- "Payor bank" -- "Presenting bank."
- Section 106 Payable through or payable at bank -- Collecting bank.
- Section 107 Separate office of a bank.
- Section 108 Time of receipt of items.
- Section 109 Delays.
- Section 110 Electronic presentment.
- Section 111 Statute of limitations.
- Section 201 Status of collecting bank as agent and provisional status of credits -- Applicability of chapter -- Item indorsed "pay any bank."
- Section 202 Responsibility for collection or return -- When action timely.
- Section 203 Effect of instructions.
- Section 204 Methods of sending and presenting -- Sending directly to payor bank.
- Section 205 Depositary bank holder of unindorsed item.
- Section 206 Transfer between banks.
- Section 207 Transfer warranties.
- Section 208 Presentment warranties.
- Section 209 Encoding and retention warranties.
- Section 210 Security interest of collecting bank in items, accompanying documents, and proceeds.
- Section 211 When bank gives value for purposes of holder in due course.
- Section 212 Presentment of notice of item not payable by, through, or at bank -- Liability of drawer or indorser.
- Section 213 Medium and time of settlement by bank.
- Section 214 Right of charge-back or refund -- Liability of collecting bank -- Return of item.
- Section 215 Final payment of item by payor bank -- When provisional debits and credits become final -- When certain credits become available for withdrawal.
- Section 216 Insolvency and preference.
- Section 301 Deferred posting -- Recovery of payment by return of items -- Time of dishonor -- Return of item by payor bank.
- Section 302 Payor bank's responsibility for late return of item.
- Section 303 When items subject to notice, stop payment order, legal process or setoff -- Order in which items may be charged or certified.
- Section 401 When bank may charge customer's account.
- Section 402 Bank's liability to customer for wrongful dishonor -- Time of determining insufficiency of account.
- Section 403 Customer's right to stop-payment -- Burden of proof of loss.
- Section 404 Bank not obligated to pay check more than six months old.
- Section 405 Death or incompetence of customer.
- Section 406 Customer's duty to discover and report unauthorized signature or alteration.
- Section 407 Payor bank's right to subrogation on improper payment.
- Section 501 Handling of documentary drafts -- Duty to send for presentment and to notify customer of dishonor.
- Section 502 Presentment of "on arrival" drafts.
- Section 503 Responsibility of presenting bank for documents and goods -- Report of reasons for dishonor -- Referee in case of need.
- Section 504 Privilege of presenting bank to deal with goods -- Security interest for expenses.
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